Ambev S.A.
Market Cap
$43.9B
Global Rank
#273
All-Time High
$79.1B
2012-12-31
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 26% of the 367 companies we track (globally).
- Equivalent to 1.9% of Brazil's GDP (2025 data).
- Just above: #272 Honda Motor Co., Ltd. ($44.1B)
- Just below: #274 Sun Hung Kai Properties Limited ($43.8B)
- Best year: 2004 (+155%). Worst year: 2008 (-44%).
Ambev S.A. Financial Breakdown (FY 2025)
Source: Yahoo Finance — ABEV annual filings (2025) (converted from BRL at 5.2) →$17.0B revenue · $4.3B operating income · $3.0B net income
- ●Operating margin: 25.3% on $17.0B in revenue.
- ●Net income margin: 17.6% — $3.0B in profit.
- ●Free cash flow: $3.8B (22.5% of revenue).
Cost / Operating Expenses
Total operating expenses $12.7B
Total
$13.1B
Capital Expenditures
$0.9B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$3.8B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Ambev S.A.
Ambev, formally Companhia de Bebidas das Américas and Companhia Brasileira de Bebidas, is a Brazilian brewing company now merged into Anheuser-Busch InBev. Its name translates to "Americas' Beverage Company", hence the "Ambev" abbreviation. It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica. The merger was approved by the board of directors of the Brazilian Administrative Council for Economic Defense (CADE) on March 30, 2000. The organization's headquarters are in São Paulo, Brazil. It is one of the largest companies by market capitalization in Brazil and in the Southern Hemisphere. Belonging to the Anheuser-Busch InBev group, it is the largest beer manufacturer in the world. It controls about 69% of the Brazilian beer market, is the 11th largest company in the country in net revenue and is a manufacturer of soft drinks, energy drinks, juices, teas, and mineral water.
Ambev S.A. Market Cap History (2026–2026)
Ambev S.A. vs Sector Peers by Market Cap
Compare Ambev S.A.
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $43.9B | #273(↑8) | +14.5% |
| 2025 | $38.3B | #281(↑31) | +45.1% |
| 2024 | $26.4B | #312(↓49) | -30.4% |
| 2023 | $38.0B | #263(↓17) | +8.5% |
| 2022 | $35.0B | #246(↑27) | +1.0% |
| 2021 | $34.6B | #273(↓53) | -5.7% |
| 2020 | $36.7B | #220(↓92) | -32.7% |
| 2019 | $54.6B | #128(↓12) | +21.4% |
| 2018 | $44.9B | #116(↓47) | -37.6% |
| 2017 | $72.1B | #69(↑12) | +35.1% |
| 2016 | $53.3B | #81(↑2) | +13.4% |
| 2015 | $47.0B | #83(↓28) | -26.0% |
| 2014 | $63.5B | #55(↓12) | -11.3% |
| 2013 | $71.6B | #43(↓20) | -9.6% |
| 2012 | $79.1B | #23(↑10) | +48.0% |
| 2011 | $53.4B | #33(↑11) | +16.5% |
| 2010 | $45.9B | #44(↑21) | +57.8% |
| 2009 | $29.1B | #65(↑54) | +146.3% |
| 2008 | $11.8B | #119(↓17) | -43.7% |
| 2007 | $21.0B | #102(↑46) | +58.3% |
| 2006 | $13.2B | #148(↑3) | +37.9% |
| 2005 | $9.6B | #151(↓47) | -24.4% |
| 2004 | $12.7B | #104(↑70) | +155.4% |
| 2003 | $5.0B | #174(↑11) | +64.1% |
| 2002 | $3.0B | #185(↓6) | -21.7% |
| 2001 | $3.9B | #179(↓34) | -25.4% |
| 2000 | $5.2B | #145(↑3) | +126.8% |
| 1999 | $2.3B | #148(↓1) | +23.3% |
| 1998 | $1.9B | #147(↓24) | -28.0% |
| 1997 | $2.6B | #123 |
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FAQ
What is Ambev S.A.'s market cap?
Ambev S.A. (ABEV) has a market capitalization of $43.9B, making it the #273 largest company in the world by market cap.
What was Ambev S.A.'s highest market cap?
Ambev S.A.'s all-time high market cap was $79.1B, reached in 2012-12-31. Its highest rank was #23 in 2012.
What sector is Ambev S.A. in?
Ambev S.A. is in the Consumer Defensive sector, specifically the Beverages - Brewers industry. It is based in Brazil.
How has Ambev S.A.'s market cap changed over time?
Ambev S.A. has been tracked since 2026. Its market cap has grown by 0% from $43.9B in 2026 to $43.9B today.